MicroStrategy
Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles
The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.
Michael Saylor's Strategy Made Second Consecutive $1B Bitcoin Purchase Last Week
Despite the continued struggles of its share price, Strategy again funded the purchase mostly via sales of common stock
Most Influential: David Bailey
Bailey’s Strategy-inspired bitcoin treasury company, KindlyMD, exemplified the struggles of many of its peers this year.
Most Influential: Michael Saylor
Despite facing a year of tough conditions for bitcoin treasury companies, Michael Saylor’s Strategy developed new ways to make money — and acquire more bitcoin for its vast holdings — in 2025.
Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal
Michael Saylor and team urged MSCI to maintain neutral index standards after a plan to exclude firms with significant digital asset holdings.
Saylor Says Strategy Will Not Issue Preferred Equity in Japan, Giving Metaplanet a 12 Month Head Start
MSTR executive chairman shuts down idea of near term expansion of perpetual preferreds in Japan.
Strategy Bought Nearly $1B in Bitcoin Last Week as Saylor's Company Returns to Big Purchases
Last week's acquisition was mostly funded via the sale of common stock.
MARA Trades at a Premium Factoring in Its Debt, Not a Discount: VanEck’s Sigel
VanEck’s Matthew Sigel argues MARA’s valuation looks expensive when adjusted for its leverage and capital structure.
STRF Emerges as Strategy’s Standout Credit Instrument After Nine Months of Trading
The company's senior preferred stock has rebounded 20% from November lows, with investors apparently favoring that over the more junior issues.
Asia Morning Briefing: Polymarket Bettors Still Expect Big Strategy Buys Even as Saylor Prepares for a Weak Market
CryptoQuant’s latest report shows the company preparing for weaker conditions with smaller buys and a growing USD buffer, yet traders continue to price in a playbook built on reflexive accumulation.
